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Bourne Close, Horndean

South East

£397,500
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
936 sqft

Description

This corner plot detached bungalow presents an excellent opportunity for renovation and development, sitting without the burden of a forward chain. The property features a spacious reception area, three bedrooms, a kitchen, and a bathroom, with potential to transform the layout significantly. An adjoining plumbing system in the old WC could be utilized to create an en-suite for the second bedroom. The expansive rear boasts a substantial brick workshop that could serve as a versatile office space, while the carport garage offers additional development possibilities or removal for enhanced outdoor space. The front garden features a generous block-paved driveway and well-maintained pathways leading to the rear garden. This property’s layout allows for multiple expansion options into the rear, side, front, and even the roof—ideal for savvy investors or homeowners looking to create their dream living space in a desirable South East location.

Investment Analysis

(PO8 area)

Above Market Value

This property is priced +20.6% above area average per sq ft

+20.6%
This Property
£425/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£323
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£362,574
10% above area average per sq ft
Potential ROI
-24.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (PO8)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -0.2%
5 year growth: 15.6%
Investment Disclaimer: Analysis based on PO8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Bourne Close, Horndean
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,456
Based on a loan of £298,125 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE